Nakisa Lease Administration

Nakisa Lease Administration is a cloud-based enterprise platform that provides businesses across various industries, such as retail and transportation, with lease accounting and management operations. With built-in compliance capabilities for ASC 842, IFRS 16, and GASB 87, the software enables users to track the complete lifecycle of any asset type: real estate properties, fleets or IT equipment are among them.

The solution offers a multi-level contract structure that helps manage contracts and lease structures effectively while providing users with access to visual dashboards that provide an overview of their entire lease portfolio via snapshot views in one place. Automated reports can be generated for reconciliation purposes. Nakisa Lease Administration provides integration opportunities with third-party applications like SAP which allows live updates to be posted automatically. The solution also facilitates remeasurement processes such as asset casualties through quantitative note disclosures with ease on its user-friendly interface.